Zengig

SEPTEMBER 22, 2023

While the role itself, company culture, and growth opportunities matter, compensation is, for many, the most important of all. So, what exactly is a good compensation package, and why should you care? Throughout this article, we will break down its components, including salary, benefits, and perks.

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HRsoft

NOVEMBER 28, 2023

The rise of hybrid work models, where employees split their time between remote and office-based work, has brought new challenges for compensation management. Organizations must adapt their compensation practices to accommodate the needs and expectations of a diverse workforce.

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Recruiting Daily Advisor

DECEMBER 22, 2022

Companies across a variety of industries are being forced to do more with less, and one solution may be to leverage an organization’s training and development programs as a recruitment and retention tool. Training Can Be an Efficient Win-Win Opportunity. Other benefits are similarly “one-sided,” like health insurance or paid time off.

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Homebase

APRIL 19, 2024

For example, small businesses may struggle more in attracting and keeping top talent due to limited resources for competitive salaries and benefits. That’s why it’s essential for small businesses to develop a solid hiring, training, and leadership development strategy. But don’t stop there!

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Recruiting Daily

APRIL 7, 2022

With fairness and equity being the defining issues this year, clear compensation communication is a must. Although employers may come up with impressive compensation plans, they often handle the communication poorly. An employee’s perception of their compensation significantly impacts engagement and performance.

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Recruiting Daily

JANUARY 22, 2024

There are many benefits that companies can gain when they hire temporary staff. This substantial prediction of market size growth reveals unmistakable benefits for temporary staffing in companies, particularly in terms of cost savings, staff flexibility, and productivity. However, the U.S.

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HRsoft

JANUARY 11, 2023

Enterprise organizations have had to navigate all these challenges in recent years – is compensation management adding to your headaches? Compensation management is the process of how an organization pays its employees. This can include both direct and indirect compensation , such as salary, bonuses and benefits.

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Recruiting Daily Advisor

APRIL 15, 2024

This keeps HR teams on their toes, especially when it comes to benefits. Let’s explore three key opportunities where AI can improve benefits administration and identify potential risks associated with its implementation. AI-driven solutions are transforming how organizations engage with employees regarding benefits.

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HRsoft

OCTOBER 19, 2020

Perform a quick online search for “compensation definition” and you’re bound to yield thousands of results. But is that really all compensation is? In the world of HR, compensation takes on a more significant meaning. For instance, career development and training opportunities might be included in this category.

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ClearCompany Recruiting

FEBRUARY 27, 2024

We’ll look at how the strategies differ, their benefits to the business, and trends to consider. ?️ Workforce management tasks include recruiting, hiring, training, scheduling, performance evaluations, engagement, and retention. In the construction industry, talent is key.

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CuteHR

SEPTEMBER 21, 2022

According to 66% of workers, benefits are an essential aspect of overall compensation. The compensation strategy is essential in achieving consistency when it comes to compensation and benefit choices within your firm. However, having a compensation strategy aligned with your business culture is not enough.

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Recruiting Daily Advisor

APRIL 7, 2020

During this time, employees are finding they may need to turn to unemployment compensation when perhaps they’ve never done so before. And some employers are learning more about how unemployment compensation works when, until now, it’s simply been something they took for granted and paid the tax for without further consideration.

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Recruiting Daily Advisor

AUGUST 24, 2021

But there are many areas of general training that companies often overlook. In this post, we look at a few non-job-specific areas employers should consider incorporating into their training programs. Every employee, regardless of role, can benefit from learning some basic tenets of customer service. Time Management.

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Recruiting Daily Advisor

JUNE 6, 2022

Education as a job benefit can come in many forms. Consequently, education expenditures have been tied closely to the needs of the company—job-specific training or reimbursement for professional education needed to maintain licensure, for example. Beyond One-Off Training Options to Degreed Programs.

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Recruiting Daily Advisor

APRIL 27, 2023

They want benefits that can serve diverse mental health needs beyond traditional wellness EAP programs that historically mainly focus on aspects like health data collection and step tracking, which are often unintuitive and receive low engagement. It is important to offer “movement” benefits that go beyond the traditional concept of fitness.

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Recruiting Daily Advisor

JUNE 6, 2023

With hundreds of thousands of grads entering the workforce, companies need to bolster their benefits to stand out against the crowd. Recent grads also fill the skills gap between what’s needed today and what’s needed tomorrow, with many bringing specialized training in the latest technology straight from university labs and proving grounds.

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Recruiting Daily Advisor

SEPTEMBER 29, 2022

More and more, employers are offering family-building benefits as part of their core compensation packages with much more than just parental leave. Increasingly, a benefits package that includes family-building can often be the deciding factor for a candidate deciding whether to accept a role.

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ClearCompany Recruiting

JANUARY 26, 2018

Total rewards is a system that looks beyond the paycheck and examines the comprehensive benefits an employee receives, or that an employer offers. Tackling Total Rewards: A Primer for Communicating Employee Benefits to Your Workforce @ClearCompany. The benefits or perks your company offers can be: Tangible (e.g. Overtime Pay.

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Professional Alternatives

JANUARY 30, 2024

[link] Maximizing Returns: Why Investing in Training is Crucial for Accounting Team Success The importance of training for accounting teams In the fast-paced and ever-changing world of accounting, staying ahead of the curve is essential for success. First and foremost, training improves the overall efficiency of the accounting team.

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Recruiting Daily Advisor

FEBRUARY 28, 2020

Companies spend a lot of money and time on employee training, often with very mixed results. One of the challenges that many companies face is that the employees who know the most about a given topic or process are busy engaged in productive work and don’t have time to spend training other staff. It’s a catch-22. Set the Expectation.

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ExactHire Recruiting

OCTOBER 3, 2023

HR professionals are responsible for recruiting, onboarding, training, managing benefits, handling payroll, and ensuring compliance with labor laws. Onboarding new hires is also more efficient with digital workflows and training modules. Saving money on recruitment and training.

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Recruiting Daily

NOVEMBER 19, 2021

How Integrations Work With Compensation Systems. This is especially true when it comes to things like business technology, HR and compensation. Other obstacles include cost, training, software glitches, access issues and the inevitably trying adjustment period. Benefits of Integration. Does it work well with others?

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HRsoft

JANUARY 6, 2020

From paid time off to tuition reimbursement, compensation goes far beyond base pay alone. Communicating compensation is essential to helping them see a complete overview of how they’re rewarded. Establish a Compensation Philosophy. Establish a Compensation Philosophy. Tailor Your Messaging. Make Communication Ongoing.

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ExactHire Recruiting

DECEMBER 5, 2022

We’ll get into the core definitions and benefits of adopting a fair and equitable pay platform, as well as answer why any employee might want pay equity. This pay includes all aspects of compensation, including base salary, bonuses, overtime rates, benefits, and opportunities for advancement. How Pay Equity Benefits Employers.

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ExactHire Recruiting

NOVEMBER 2, 2023

HR Analytics Benefits to Recruiting Enhancing Recruitment and Talent Acquisition: One of the most critical functions of HR is recruiting and acquiring top talent. HR Analytics Benefits to Company Boosting Employee Performance and Productivity: HR Analytics plays a vital role in understanding and boosting employee performance.

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Recruiting Daily

NOVEMBER 16, 2021

There are widely differing opinions and research about the role compensation plays in employee engagement as opposed to non-monetary, intrinsic factors. There’s much truth to that, but we know that, for the majority of workers, appropriate compensation is a significant element. Compensation Transparency. Not exactly.

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Recruiting Daily Advisor

JULY 19, 2023

During an economic downturn, job hunters usually search for the highest-paying position, but when deciding between offers with comparable pay, they might overlook salary and choose the role with the best benefits. One’s decision to choose benefits over pay has different implications.

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Recruiting Daily

OCTOBER 24, 2021

Five Recommendations for Total Compensation Packages in the Post-COVID Era. To remain relevant, recruitment marketing strategies and rewarding compensation plans must speak to both the traditional and emerging needs of prospective hires. Here are five recommendations for total compensation packages. Virtual Opportunities.

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Workable

DECEMBER 21, 2022

But first, before getting into HRIS benefits, let’s quickly understand what an HRIS does, how it works, and who needs one. It is used to track employee records, such as contact information, job descriptions, salaries, benefits, performance reviews, and much more. The many benefits of an HRIS. What does a HRIS do?

Benefits 107

Benefits Onboarding Banking Insurance 107

Ongig

OCTOBER 19, 2023

Employee benefits are a crucial part of a job description and can significantly influence a candidate’s decision to apply. A Glassdoor study pointed out that 63% of job seekers and employees pay attention to employee benefits in job ads. 67% of employees and 68% of employers believe this to be the most important benefit.

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HRsoft

MAY 26, 2020

Total compensation has emerged as a great tool for retention. To define total compensation, it is important to first understand its components. Unlike salary or pay that deals with only the monetary aspect of a position, total compensation takes a more holistic approach.

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Workable

MARCH 27, 2019

Employee benefits have become an essential part of any competitive compensation package. From law-mandated insurance to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Why do employers offer benefits to employees?

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4 Corner Resources Staffing Blog

JUNE 19, 2023

They’re not usually eligible for benefits like employer-sponsored healthcare, retirement, and paid time off. Full-time permanent employees are eligible for any benefits the company provides, and some companies include part-timers in this offering as well. In other words, there’s no predetermined end date for their employment.

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Recruiting Daily Advisor

JUNE 28, 2023

Typical of tech employees in their generation, each chose to work for a company that supports work/life balance and offers attractive family-building benefits, and both used their benefits to hopefully achieve their family-building dreams. Their careers are advancing nicely.

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Recruiting Daily Advisor

MARCH 27, 2024

Here, Dartmouth argued the players on the team don’t meet the common-law test for “employee” under Section 2(3) of the National Labor Relations Act (NLRA) because the players don’t perform work in exchange for compensation. Instead, it considered benefits such as equipment, apparel, tickets to the game, lodging, and meals as “compensation.”

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Recruiting Daily Advisor

DECEMBER 27, 2022

With tight labor markets, dismally low engagement rates, and high turnover it has never been more important for HR leaders to reassess their benefits programs to ensure employee well-being and encourage retention. Why Flexible Benefits Are Vital for Today’s Workforces. The demand for flexible work options has increased dramatically.

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Recruiting Blogs

OCTOBER 30, 2022

Compensation packages can make or break a business. If retention, productivity, and employee well-being are important to your organization (which they likely are), then your HR team should put an emphasis on compensation management. . This statistic shows the rising importance of good compensation packages to employees. .

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